30 Year Fixed
- 5.03 %
15 Year Fixed
- 4.41 %
1-Year ARM
- 3.77 %
5/1 ARM
- 4.04 %
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Oklahoma

Oklahoma is located in the South Central area of the United States and is the 20th largest state in the United States by area. Oklahoma’s name is derived from the Choctaw words Okla and humma which when combined means “red people.”

The state’s total population is around 3,617,316 which make it the 28th most populated state in the nation. Its demographics are as follows; 14.5% German; 13.1% American; 11.8% Irish; 9.6% English; 8.1% African American. The economy for this state is based upon major industries such as natural gas, aircraft, and food to name a few.  Oklahoma’s gross state product is estimated at $134.6 billion.

Oklahoma has 3 cities that have a population over 100,000. Oklahoma City, Norman and Tulsa, which are in the nations fifty largest cities, are also found in Oklahoma. Oklahoma City has a population of 547,274, Tulsa 384,037 and Norman 106,707. The next largest cities are; Lawton 91,568, Broken Arrow 90,714 and Edmond 78, 226.

Oklahoma has a continental climate and suffers extremes of temperature. Most of the state of Oklahoma sits in what is known as Tornado Alley and they suffer an average of 54 tornadoes per year. The average temperatures are; 26-46 degrees in the winter to 71-96 degrees in the summer.

 

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Oklahoma Housing Statistics
OklahomaUSA
Total Housing1,514,400121,699,874
Total Urban985,74294,464,240
Total Rural528,65827,235,633
Occupied1,342,293110,754,106
Vacant172,10710,945,767
Owner Occupied918,25973,306,541
Renter Occupied424,03437,447,565
Vacant for Rent50,1652,745,385
Vacant for Sale23,7251,264,534
 
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